On a corporate action affecting ordinary shares of Consolidated Communications Holdings, Inc. (CNSL)

On January 31, 2024, shareholders of Consolidated Communications Holdings, Inc. approved a merger agreement with Condor Holdings LLC under which Condor Holdings LLC will acquire Consolidated Communications Holdings, Inc. Consolidated Communications Holdings, Inc. shareholders will receive $4.70 in cash for each share of Consolidated Communications Holdings, Inc. that they own. Transaction is expected to close by the first quarter of 2025. For more details, please, refer to the company’s website.

ITS Ltd. will publish separate notices on the procedures undertaken by ITS Ltd. to process this corporate action outlining how trading in these qualified investments will be carried out.